M2TS is a video file format that contains Blu-ray BDAV high-definition HD video. This is video from Blu-ray discs and digital camcorders. The .m2ts extension means “MPEG-2 Transport Stream”. However, it is associated as the narrower container format BDAV, which is the standard Blu-ray format for consumer video discs. The original name for the file type is Blu-ray BDAV Video File. The format was developed by Sony. It arose after the introduction of new Blu-ray media. The audio and video transmission protocol M2TS, i.e., MPEG-2 Transport Stream, was created based on MPEG-2. In fact, this is his advanced modification. The protocol supports error correction if partial data loss occurs. A .m2ts file is a BDAV container that contains digital multimedia data that is compressed by one of the videos available in the H.262, H.264, VC-1 format. And some audio codecs, too. This is Dolby AC3, PCM. There are several video and audio streams in one M2TS file. There are also subtitle tracks that can be selected during playback. Most modern video players support .M2TS format. For smooth playback, you need a powerful computer. Such a video can be edited using the professional program Sony Vegas Pro.
M2V is a video category file format, also called MPEG-2 Video. It supports video with a tighter time constraint and interlaced display. The encoded speed at which data is transmitted may be of the order of 40 Mbps (for storage and transmission). It may be higher for professional use in video production. Large frame sizes do not support HD resolution. MPEG-2 format is compatible with MPEG-1. The MPEG-2 format is used mainly for the consumer level of video broadcasting - for example, DVB. And for storage - for example, DVD. But they are also used for professional applications. Say for storing video in a studio. Files with the extension .m2v are necessary if you are preparing a video for burning to DVD using specialized programs. There will be no sound in such a file. This encoding method also involves the .m2a file, where the sound is stored. Then this pair of files (.m2v and .m2a) will be sent to the authoring program line. The program will output them without recoding in the program stream (MPEG 2 PS). There is one caveat. When the weight of these files is 4.3 GB or more, then you need to transcode this file and reduce the bitrate. So when you create * .m2v, you must first select the correct bitrate.